Rating
Buy
Price target
$490
Previous
—
Implied upside
+33%

Macquarie analyst Arthur Lai upgraded Broadcom Limited (NASDAQ: AVGO) from Neutral to Outperform, PT $490.

“3Q26 in line; Google insourcing risk seems priced in. Rev grew 33% QoQ to US$29.6bn, in line with MQe and 5% above Factset estimates (FCSTe).”

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Other Broadcom notes

BMO CapitalBuy Raises target · Sep 3, 2026 $575from $455 TruistBuy Lowers target · Sep 3, 2026 $520from $550 RBC CapitalHold Reiterate · Sep 3, 2026 $400maintained CitiBuy Raises target · Sep 3, 2026 $515from $500 RosenblattBuy Initiate · Sep 3, 2026 $600maintained

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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.